Trent Balog - Taiga Building Consultant Director
| TBL Stock | CAD 3.80 0.12 3.06% |
Director
Mr. Trent Balog was appointed as Chief Executive Officer of Taiga Building Products Ltd., effective 31 March 2015. Trent was with the company since 1994 holding a number of different roles including pressure treated wood sales manager, Vice President Western Canadian Operations and most recently Chief Operating Officer. Trent was active in the industry for over 30 years holding management roles with MacMillan Bloedel prior to joining Taiga. since 2015.
| Tenure | 10 years |
| Address | 800 - 4710 Kingsway, Burnaby, BC, Canada, V5H 4M2 |
| Phone | 800 663 1470 |
| Web | https://www.taigabuilding.com |
Taiga Building Management Efficiency
The company has return on total asset (ROA) of 0.0594 % which means that it generated a profit of $0.0594 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1181 %, meaning that it generated $0.1181 on every $100 dollars invested by stockholders. Taiga Building's management efficiency ratios could be used to measure how well Taiga Building manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Taiga Building's Return On Capital Employed is very stable compared to the past year. As of the 4th of March 2025, Return On Equity is likely to grow to 0.11, while Return On Tangible Assets are likely to drop 0.04. At this time, Taiga Building's Non Current Assets Total are very stable compared to the past year. As of the 4th of March 2025, Other Current Assets is likely to grow to about 6.5 M, while Total Assets are likely to drop about 389.6 M.Similar Executives
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Management Performance
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0594 |
Taiga Building Products Leadership Team
Elected by the shareholders, the Taiga Building's board of directors comprises two types of representatives: Taiga Building inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Taiga. The board's role is to monitor Taiga Building's management team and ensure that shareholders' interests are well served. Taiga Building's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Taiga Building's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Michael Sivucha, Chief Officer | ||
| Kooi Tong, Chairman of the Board | ||
| Ian Tong, Executive Board | ||
| Russell Permann, President CEO | ||
| Mark SchneidereitHsu, CFO, Vice President - Finance and Administration, Secretary | ||
| Trent Balog, Consultant Director |
Taiga Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Taiga Building a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0594 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 328.14 M | ||||
| Shares Outstanding | 107.94 M | ||||
| Shares Owned By Insiders | 72.12 % | ||||
| Shares Owned By Institutions | 0.09 % | ||||
| Number Of Shares Shorted | 1.36 K | ||||
| Price To Earning | 6.44 X |
Pair Trading with Taiga Building
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Taiga Building position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Taiga Building will appreciate offsetting losses from the drop in the long position's value.Moving against Taiga Stock
| 0.72 | IE | Ivanhoe Energy | PairCorr |
| 0.65 | INFM | Infinico Metals Corp | PairCorr |
| 0.54 | HFPC-U | Helios Fairfax Partners | PairCorr |
| 0.51 | NBLC | Nobel29 Resources Corp | PairCorr |
| 0.47 | AG | First Majestic Silver | PairCorr |
The ability to find closely correlated positions to Taiga Building could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Taiga Building when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Taiga Building - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Taiga Building Products to buy it.
The correlation of Taiga Building is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Taiga Building moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Taiga Building Products moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Taiga Building can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Taiga Stock
Taiga Building financial ratios help investors to determine whether Taiga Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Taiga with respect to the benefits of owning Taiga Building security.